NOT LISTED FOR SALE

Estimated Value: $892,642 - $1,203,000

4 Beds
2 Baths
844 Sq Ft
$1,201/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $638,000 $756 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,250/month

22 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • 3-minute walk to Marshall Park
  • Garvey (Richard) Intermediate School Rated A-
  • Wood Siding

About This Home

As of September 2015

Walking distance to Hawaii Supermarket and to San Gabriel Square with 99 Ranch Market and a focus shopping center for the San Gabriel Valley. Carpool and Express lane exit to the 10 freeway. 2-bedroom front house with a guest house in the back. No permit on record for the guest house, but the city has a permit for a remodel done in the 1990's. Zoned R2, lot size of 9,800 sf would allow 2 separate dwellings - multi generational housing, anyone? Two houses to the East sit on the same size lot with 2 houses of 2000+ each. Buyers to verify and satisfy themselves with city for any development and building plan. Or the property is ready for an owner occupant with extra rental income to offset the property taxes and other expenses.

Last Agent to Sell the Property

Shawn Luong

eXp Realty of Greater Los Angeles License #00857818 Listed on: 09/01/2015

eXp Realty of Greater Los Angeles

Last Buyer's Agent

ANNIE WONG

A & K Construction And Realty Inc License #01413581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,488

Year Built

  • Built in 1926

Lot Details

  • 9,752 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Wood Siding

Interior Spaces

  • 844 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 3926
  • Assessor Parcel Number 5360037008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $300
  • Water Sewer Expense $600
  • New Taxes Expense $8,400
  • Gross Income $2,700
  • Net Operating Income $21,428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,488

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 5360037008
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 755.92

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Features: 6-10 Units/Acre, Level, Lot 6500-9999
  • Lot Size Sq Ft: 9752.00
  • Price Per Lot Square Foot: 65.42
  • Lot Size Acres: 0.2240

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 700.00
  • Lot Size Area: 9752.0000 Square Feet
  • Net Operating Income: 21428.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10000.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8400.00
  • Tax Lot: 20
  • Tax Tract Number: 3926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Aug 27, 2015
Sold by
Ponce Johanna
Bought by
Zheng Hao Yi and Li Pamela
Seller's Agent
Shawn Luong
eXp Realty of Greater Los Angeles
Buyer's Agent
ANNIE WONG
A & K Construction And Realty Inc
List Price
$698,000
Sold Price
$638,000
Premium/Discount to List
-$60,000
-8.6%
Current Estimated Value
$1,013,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,911
Avg. Annual Appreciation
4.70%
Original Mortgage
$243,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1994
Sold by
Ponce Joseph L
Bought by
Campbell Maria M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zheng Hao Yi $638,000 Chicago Title
Campbell Maria M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Hao Yi $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $638,000 -8.6% $756 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $698,000 -- $827 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,488 $755,254 $604,206 $151,048
2024 $10,488 $740,446 $592,359 $148,087
2023 $10,116 $725,929 $580,745 $145,184
2022 $9,663 $711,696 $569,358 $142,338
2021 $9,624 $697,743 $558,195 $139,548
2019 $9,268 $677,050 $541,640 $135,410
2018 $9,178 $663,775 $531,020 $132,755
2016 $8,474 $638,000 $510,400 $127,600
2015 $5,779 $426,236 $284,841 $141,395
2014 -- $417,888 $279,262 $138,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15170814

California Regional Multiple Listing Service (CRMLS)

APN: 5360-037-008